Compare Sales Navigator plan types
LinkedIn has three different plans. Learn about what features are available under each package.
In 2023, LinkedIn commissioned Forrester Consulting to conduct a Total Economic Impact™ study to determine the return on investment (ROI) of LinkedIn Sales Navigator. Using a combination of customer interviews and its own analysis, the firm found that it yielded a 312% ROI over 3 years, and paid for itself in less than 6 months.
Discover the main benefits identified by Forrester below, and read the full study for the full details, including methodology, customer testimony, and risk assessment.
Sales teams reported significant benefits from the search filters, list management, analytical capabilities, and accurate, up-to-date profiles provided by Sales Navigator. These features enabled them to efficiently identify and reach out to qualified prospects in less time. As a result, they observed improvements in response rates, increased meeting rates, and an increase in closed/won opportunities.
Sales Navigator not only contributed to increased annual revenue by sourcing more high-quality pipeline, but also was increasingly influential in closing sales deals. Interviewees reported an average year-over-year revenue increase of 8% (5% in year 1, 8% in year 2, and 10% in year 3), and also found that the revenue lift attributable to Sales Navigator grew from 20% to 30% over a 3-year period.
Better outreach, better outcomes
Interviewees reported Sales Navigator provided the level of foresight necessary to identify and engage with a greater volume of high-value prospects with intent to buy.
Based on a US$250M annual revenue and 12% net operating profit margin, Forrester modeled a US$1.3 million gain in net operating profit due to the increase in sales opportunities.
Improves with age
Forrester's study found that as sales professionals' familiarity with Sales Navigator increases over time, and the platform becomes more embedded in an organization's sales process, its influence on positive sales outcomes also grows. Based on testimony from the interviewees, our composite models a 20% revenue attribution to Sales Navigator in year 1, 25% in year 2, and 30% in year 3. This amounts to a US$15 million revenue lift attributable to Sales Navigator in that period.
LinkedIn key takeaways
Equipped with quality first-party data from the world's largest professional network of over 950 million members, Sales Navigator users can use features like the Account Hub and Alerts to identify and reach out to qualified prospects in less time. With increased outreach quality comes improved sales outcomes, and interviewees in our study reported net gains in operating profit and the impact of Sales Navigator on their sales pipeline.
In the Total Economic Impact (TEI) study, Forrester analyzed the costs and investment tied to adopting LinkedIn Sales Navigator. These costs encompassed testing, implementation, training (initial and ongoing), and management, as reported by interviewees. For its financial analysis, in addition to the annual Sales Navigator license fee, Forrester assumed the following:
The total cost over three years equated to a present value of US$1.5 million. For more details, refer to the table below or the full study.
Compare Sales Navigator plan types
LinkedIn has three different plans. Learn about what features are available under each package.
Check out the LinkedIn sales blog
Discover lots of helpful sales tips and tricks from the industry's finest on the LinkedIn Sales Blog.
Sales Navigator case studies
Hear first-hand how other companies are finding success with Sales Navigator with our case study directory.
Future-ready selling
Learn more about LinkedIn Sales Navigator's latest AI sales features.
*LinkedIn commissioned Forrester to undertake this TEI study. Forrester does not endorse a company or its solution, and clients cannot purchase favorable opinions or results. Forrester maintains editorial control over any content created. For more information visit forrester.com/policies/tei.
**This information derives from LinkedIn proprietary data and is supplemental to Forrester's TEI Study findings.